Type: Private
Price: $379,000
Location: Paris, Tennessee, TN
Address: 224 CHERRY AVE, TN
Zip: 38201
Size: 3638 square feet
Condition: Used
INVESTMENT.
LOCATION. OPPORTUNITY. This quad-plex located in downtown Mc Kenzie checks all these boxes! This investment property includes 4(x) two-bedroom, one-and-a-half bathroom floorplans that are currently fully occupied. With prime location in downtown Mc Kenzie and within walking distance to Bethel, this is a rare opportunity that you don’t want to miss. Call us today.
Charming Duplex Investment Opportunity in the City Limits.
Introducing this exceptional duplex located in the city limits, offering a lucrative investment opportunity. Currently rented on both sides, this property provides immediate income for savvy investors. Situated on a corner lot, enjoy the convenience of parking on two sides. With its
prime location close to town, this duplex is a valuable addition to any investment portfolio. Don't miss out on this fantastic opportunity! Units are both 2 bedroom and 2 bathroom. Currently rented on both sides. Current rent rates are Unit 1117 is $1,000 which is month to month and Unit 1119 is $900 which ends.
Heads Up Investors!
This building was originally built as a duplex, then added 2 units to made it a quad. In the 80's it was converted into a childcare center that ran until 2020. It already has a new roof, HVAC, and all new windows. It is currently zoned R1 so you would need to rezone it(Sellers are amendable to a contingency) and due to the
high demand for affordable housing the city would likely cooperate. The upside is massive on this investment property. Please do not solicit for owner/creative financing.
Investment opportunity!
Brick Duplex for SALE! Complete with 2 bedrooms/ 1.5 bathrooms per unit. Updated HVAC unit, metal roof, vinyl trim. Each unit has a living room, kitchen and laundry area. Centrally located in West Jackson/ Madison county and convenient to schools, shopping and access to the 45 Bypass, Interstate 40 and only 2.5 miles from the hospital. Call today for more information.
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